FOREX CRISIS: Naira Nears N1000/1$, Raises Concerns Amid CBN Probe

See How Much Dollar Exchange To Naira Today 11 January 2022

by Victor Ndubuisi
A+A-
Reset

We bring you yet again Dollar to Naira rate at the official and black market exchange rate Today January 11, 2022.

Read Anaedoonline.ng update on the official dollar rates as well as Black Market rates, Bureau De Change (BDC) rates, and CBN rates.

How Much Is Dollar To Naira Exchange Rate Today Official Rate?

The official rate today, Tuesday January 11th 2022, for $1 dollar to naira = ₦(yet to be disclosed)/$1.

See How Much Dollar Exchange To Naira Today 7 January 2022

Advertisement

According to the data at the FMDQ Security Exchange where forex is traded officially, exchange rate between the naira and the US dollar opened at ₦(yet to be disclosed)/$1 on Tuesday 11th, after it closed at ₦413.76 to a $1 on Monday, 10th January 2022.

How much is exchange rate of Dollar to Naira in Black Market today?

The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players buy a dollar for N565 and sell at N567 on Tuesday, January 11th 2022, according to sources at Bureau De Change (BDC).

Please note that the Central Bank of Nigeria (CBN) does not recognise the parallel market (black market), as it has directed individuals who want to engage in Forex to approach their respective banks.

See How Much Dollar Exchange To Naira Today 30 December 2021

Trading at the official NAFEX window

The exchange rate between the naira and the US dollar opened at ₦413.76/$1 on 10th January 2022 and also closed at ₦413.76/$1.

Advertisement

According to data from FMDQ, forex turnover stands at…(yet to be disclosed)

However, the Nigerian Stock Market ended on a positive note on Friday as the likes of Airtel Africa Plc, BUA Foods, Lafarge Africa Plc, and FBN Holdings Plc gained ₦1.33 trillion to end the first trading week.

 

Advertisement

Follow us on Facebook

Post Disclaimer

The opinions, beliefs and viewpoints expressed by the author and forum participants on this website do not necessarily reflect the opinions, beliefs and viewpoints of Anaedo Online or official policies of the Anaedo Online.

You may also like

Advertisement